Working in harmony for long-term success

Thu, 22/04/2010 - 15:30

Rothstein Kass was voted Best Accounting Firm in the inaugural hedge fund service provider awards conducted by Hedgeweek based on voting by registered users. Rothstein Kass has served the alternative investment community for more than 30 years, providing clients with advice on initial hedge fund organisational structure, supervision of audits, and ongoing consultation regarding many diverse operational and tax matters.

Even before the global credit crisis, the perception of the accounting firm as strictly a service provider had begun to erode. Successful firms have come to recognise that their accounting and auditing relationships are a consideration for investors confronted with a vast array of options regarding their allocations.

In this climate, firms are becoming more thorough in evaluating professional relationships. Demonstrating industry-specific expertise, Public Company Accounting Oversight Board registration and the continuity of account teams are more commonly factored into the selection process.

In the near term, regulatory uncertainty and changes to fair value accounting rules will continue to drive demand for accounting and advisory services. Because of the complexity and ambiguity surrounding these issues and the shortfall of qualified advisors, we are anticipating continued strong demand across practice areas.

The experience and insight gained through firm-wide co-operation allow our professionals to learn and develop throughout their careers by working side by side with industry leaders and innovators. As a result, our dedicated audit, tax and advisory professionals are experts in their fields, harmonising with clients to anticipate opportunities on the horizon rather than react to short-term competitive pressures. This, in our view, represents a model for long-term success within the accounting space.

Over the past three decades, Rothstein Kass has developed an impressive network of industry relationships that complements our experience and insight. As the firm’s reputation within the industry continues to grow, we have allocated additional resources to advocacy and educational initiatives. Working in collaboration with industry leadership enables our firm constantly to review and enhance best practices and technological capabilities.

At the core of our success story is our ability to hire, develop and retain smart, motivated and energetic individuals possessing an entrepreneurial spirit that mirrors that of the sophisticated business and financial services communities that we serve.

Even during periods of global economic uncertainty, our standing as an employer of choice enables our firm to make strategic additions that enhance and augment the quality and range of service we provide, while developing market-driven solutions that address growing compliance concerns.

Our unified approach creates deep and broad client relationships that support lasting affiliations. This philosophy also informed the official launch of our Rothstein Kass Business Advisory Services affiliate late last year. The formation of the group represents a significant expansion of our advisory service capabilities while helping our clients and professionals to stay on the leading edge of innovation.

Beyond audit and tax services, Rothstein Kass provides a full array of integrated services, including strategic business counselling, regulatory compliance and Securities and Exchange Commission advisory services, insurance and risk management consulting and family office services.